Michelle Stofa

GRAPEVINE, Texas, March 16, 2020 (GLOBE NEWSWIRE) -- United Development Funding (“UDF,” as described below) announced today the Supreme Court of Texas (the “Supreme Court”) denied Kyle Bass ("Bass") and Hayman Capital's ("Hayman," as described below, and together with Bass, "Bass/Hayman") petition to review the matter of J. Kyle Bass,...

GRAPEVINE, Texas, Jan. 22, 2020 (GLOBE NEWSWIRE) — United Development Funding (“UDF,” as described below) announced today the filing of its Response to a Petition for Review in the Supreme Court of Texas (the “Supreme Court”) in the matter of J. Kyle Bass, et. al. versus United Development Funding, L.P.,…

GRAPEVINE, Texas, December 19, 2019 (GLOBE NEWSWIRE) – United Development Funding IV ("UDF IV") (OTC PINK: UDFI) announced today that its board of trustees has authorized a distribution of $0.065 per common share of beneficial interest payable on December 31, 2019 to shareholders of record as of the close of...

GRAPEVINE, Texas, Aug. 22, 2019 (GLOBE NEWSWIRE) -- United Development Funding (“UDF,” as described below) announced today the Texas Judicial Branch Fifth Court of Appeals (the “Appeals Court”) issued a decision favorable to UDF in the ongoing litigation between UDF and defendants J. Kyle Bass (“Bass”) and Hayman Capital (“Hayman,”...

GRAPEVINE, Texas, Aug. 07, 2019 (GLOBE NEWSWIRE) -- United Development Funding IV ("UDF IV") (OTC PINK: UDFI) announced today that its board of trustees has authorized a distribution of $0.065 per common share of beneficial interest payable on August 30, 2019 to shareholders of record as of the close of...

GRAPEVINE, Texas, November 15, 2018 (GLOBE NEWSWIRE) – United Development Funding (“UDF,” as described below) announced today the filing of its Appellate brief in the Texas Judicial Branch Fifth Court of Appeals (the “Appeals Court”) in the matter of J. Kyle Bass, et. al. versus United Development Funding, L.P., et. al….

GRAPEVINE, Texas, July 3, 2018 (GLOBE NEWSWIRE) – United Development Funding III, L.P. and United Development Funding IV (OTC:UDFI) (collectively “UDF” or the “Companies”) announce their settlement with the Securities and Exchange Commission (“SEC”) of all outstanding issues and the complete resolution of the SEC’s investigation.   As previously disclosed by UDF, the SEC had been…

Court Rules UDF Established a Prima Facie Case for Its Claims of Business Disparagement and Tortious Interference With Contract  GRAPEVINE, Texas, June 12, 2018 (GLOBE NEWSWIRE) –  After six months of litigation between United Development Funding (“UDF,” as described below) and defendants J. Kyle Bass (“Bass”) and Hayman Capital (“Hayman,” as described…